NOT LISTED FOR SALE

114 Lafayette Ave SE Grand Rapids, MI 49503

Heritage Hill Neighborhood

Estimated Value: $408,037 - $439,000

-- Bed
-- Bath
-- Sq Ft
4,008 Sq Ft Lot

Last Sold May 02, 2023

Last sale price $385,000

Est. 9% increase in value since last sale

Current estimated payment $3,032/month

7 Days on Market

Highlights

  • 1 Fireplace
  • Hot Water Heating System
  • 2-minute walk to Foster Park
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2023

Priced BELOW recent appraisal! This 4-unit has separate utilities and is conveniently located to Trinity Health Hospital and Mary FreeBed. Great off-street parking.

Last Agent to Sell the Property

Ingrid Nelson

Greenridge Realty (Cascade) License #6506048552 Listed on: 04/11/2023

Last Buyer's Agent

Jennifer DeBoer

Five Star Real Estate (Grandv) License #6501448168

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,950

Year Built

  • Built in 1900

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Dimensions are 50x100x34x18x90

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Shared Gas Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electric, trash collection, gas
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,950

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Michigan Basement
  • Basement: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 350000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 50x100x34x18x90
  • Lot Size Sq Ft: 4008.0
  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electric, Trash Collection, Gas

Multi Family

  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 5950.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
One Fourteen Lafayette Llc
Bought by
Fish Ladder Ventures Llc
Total Days on Market
7
Current Estimated Value
$420,259

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 1, 2023
Sold by
Northern City Properties Llc
Bought by
One Fourteen Lafayette Llc
Seller's Agent
Ingrid Nelson
Greenridge Realty (Cascade)
Buyer's Agent
Jennifer DeBoer
Five Star Real Estate (Grandv)
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Feb 10, 2023
Sold by
Brower Robert D
Bought by
Northern City Properties Llc

Purchase Details

Closed on
Oct 26, 2017
Sold by
Northern City Properties Llc
Bought by
Ogden William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2015
Sold by
Ogden W Baldwin and W Baldwin Ogden Trust
Bought by
Northern City Properties Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Ogden W Baldwin and Northern City Properties
Bought by
Ogden W Baldwin and The W Baldwin Ogden Trust

Purchase Details

Closed on
Aug 28, 1996
Bought by
Northern City

Purchase Details

Closed on
Aug 23, 1996
Sold by
Busch Busch C C and Busch Ogden W
Bought by
Ogden W and Ogden W Baldwin Trust

Purchase Details

Closed on
Feb 26, 1988

Purchase Details

Closed on
Feb 25, 1988

Purchase Details

Closed on
Feb 22, 1988

Purchase Details

Closed on
Jan 31, 1988

Purchase Details

Closed on
Jan 4, 1982

Purchase Details

Closed on
Feb 23, 1981
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fish Ladder Ventures Llc -- None Listed On Document
One Fourteen Lafayette Llc $385,000 First American Title
Northern City Properties Llc -- --
Ogden William -- None Available
Northern City Properties Llc -- None Available
Ogden W Baldwin -- None Available
Northern City -- --
Ogden W -- --
-- $42,000 --
-- $40,000 --
-- $35,000 --
-- $21,300 --
-- $53,000 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ogden William $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $385,000 +10.0% --
04/18/2023 04/18/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $350,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,077 $161,900 $0 $0
2023 $6,202 $139,600 $0 $0
2022 $5,894 $125,400 $0 $0
2021 $5,743 $138,100 $0 $0
2020 $5,551 $121,700 $0 $0
2019 $5,785 $106,500 $0 $0
2018 $5,785 $109,200 $0 $0
2017 $3,624 $90,000 $0 $0
2016 $3,641 $77,300 $0 $0
2015 $3,470 $77,300 $0 $0
2013 -- $69,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Ingrid Nelson

    Greenridge Realty (Cascade)

    (616) 481-4292

    1 in this area

    108 Total Sales

    Ingrid Nelson
    Section Image
  • Jennifer DeBoer

    Buyer's Agent in 2023

    Jennifer DeBoer

    Five Star Real Estate (Grandv)

    1 in this area

    3 Total Sales

    Jennifer DeBoer
    Section Image
  • Bailee VanderMolen

    Buyer Co-Listing Agent in 2023

    Bailee VanderMolen

    Five Star Real Estate (Grandv)

    (810) 887-9353

    1 in this area

    169 Total Sales

    Bailee VanderMolen
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 23010553

Southwestern Michigan Association of REALTORS®

APN: 41-14-30-330-003

Michigan Kent County Grand Rapids 49503 Heritage Hill

114 Lafayette Ave SE, Grand Rapids, MI

This home is located at 114 Lafayette Ave SE, Grand Rapids, MI 49503 since 11 April 2023 and is currently estimated at $420,259. This property was built in 1900. 114 Lafayette Ave SE is a home located in Kent County with nearby schools including Grand Rapids Montessori Academy, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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